FLEX

AUSTIN, Texas, July 8, 2026 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its first quarter fiscal year 2027 financial results before the market opens on Wednesday, July 29, 2026. The company will hold a conference call to discuss the results that day at 7:30 AM CT / 8:30 AM ET. The live webcast presentation will be available on the Flex investor relations website at investors.flex.com. A replay of the webcast, along with supporting materials, will be available on the investor relations website following the conclusion of the event. About FlexFlex (Reg. No. 199002645H) is the manufacturing partner of choice that helps leading brands design, build, and manage products that improve the world. With a global footprint spanning 30 countries, Flex delivers advanced manufacturing and supply chain solutions, innovative products and technology, and lifecycle services that support customers from concept to scale. In the AI era, Flex is helping customers accelerate data center deployment by solving power, heat, and scale challenges through cutting-edge power and cooling technology and scalable IT infrastructure solutions. Media, Investors, & AnalystsMichelle SimmonsSenior Vice President, Global Investor Relations and Public Relations(669) [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/flex-announces-date-for-first-quarter-fiscal-year-2027-earnings-call-302819576.html

Flex Ltd. FLEX is entering a phase of elevated investment, with fiscal 2027 capex expected to be between $1.4 billion and $1.6 billion, a sharp increase from $625 million in fiscal 2026. The company is scaling investments to capture increasing demand for AI-driven data center infrastructure, particularly within its Cloud and Power Infrastructure (CPI) segment. Management noted that the spending was tied to multi-year customer programs, including agreements with hyperscalers and data center clients such as Google. These projects span power infrastructure, thermal systems and complex hardware manufacturing, necessitating considerable upfront capital deployment. FLEX noted that capex will remain elevated in fiscal 2027 but will normalize in fiscal 2028. The company highlighted that it has strong visibility, with backlog and capacity effectively booked out over the next couple of years. This implies that the current capex surge is aligned with tangible revenue opportunities rather than speculative expansion. Image Source: Zacks Investment Research Flex expects these investments to weigh on near-term margins but ultimately drive expansion. The company noted that infrastructure investments temporarily pressured adjusted operating margins (100 bps) in fiscal 2026 but are expected to be fully recovered in fiscal 2027. It expects additional margin expansion of 50 to 100 bps in fiscal 2028. To conclude, Flex’s aggressive investment strategy reflects confidence. While fiscal 2027 may see higher capex spending and execution risks, it also appears to mark a turning point as the company positions itself for growth, stronger margins and long-term value creation. Sanmina Corporation SANM is also ramping up investments, focusing on capitalizing on accelerated demand in the cloud and AI infrastructure vertical. The company reported capital expenditures of $57 million in the second quarter of 2026, lower than expectations due to timing, but guided this higher to $95 million for the current quarter as it continues to invest in capabilities aligned with long-term growth. Sanmina noted that the CPS segment's non-GAAP gross margin declined 230 bps year over year due to depreciation and expenses tied to investments for new programs, which it expects to be margin accretive in the coming quarters. For Celestica CLS, capex has surged meaningfully, with capital expenditures reaching $2...

On this episode of Stock Movers with Alexis Christoforous: - Shares of The Campbell's Company (CPB) edged higher ahead of the US market open after the canned soup maker reported adjusted earnings per share for the third quarter that beat the average analyst estimate. - Eli Lilly (LLY) shares gained in the early session following obesity drug presentations at the American Diabetes Association conference. Citi analysts say their conviction on Lilly is firmly intact, given the company's incretin portfolio is "not built around singular blockbusters." - Shares of Marvell Technology (MRVL) and Flex (FLEX) are rising in premarket trading as the companies are set to replace Pool Corp. and Campbell's in S&P 500 before the market open on June 22, S&P Dow Jones Indices says in emailed statement.

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Flex (FLEX) has been on investors’ radar after fiscal Q4 earnings highlighted consistent 6% plus adjusted operating margins and COMPUTEX 2026 product launches focused on AI data center power and cooling infrastructure. See our latest analysis for Flex. The recent news around new AI data center power products, the fresh US$1.45b credit facility and consistent 6% plus margins sits against a share price that has climbed strongly, with a 90 day share price return of 149.42% and a 1 year total shareholder return of 247.48%. This suggests momentum has been building rather than fading. If Flex’s AI tilt has caught your attention, this is also a good moment to look across the sector and see what else is moving with 48 AI infrastructure stocks With a share price that has surged recently, a value score of 1 and Flex trading only about 6% below the average analyst price target, the key question now is simple: is there meaningful upside left, or is the market already pricing in future growth? Flex’s most followed narrative anchors fair value at $81.44, well below the last close of $151.92. This puts a clear spotlight on valuation expectations. Read the complete narrative. Want to see what kind of revenue mix shift and margin profile would support this gap to fair value? The narrative leans heavily on compounded earnings growth, higher profitability, and a future valuation multiple that assumes Flex keeps winning in AI power and cooling. Result: Fair Value of $81.44 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, heavy reliance on a small group of hyperscaler and colo clients, along with structurally thin margins, could quickly pressure the story if demand or pricing wobbles. Find out about the key risks to this Flex narrative. So far the focus has been on fair value estimates anchored to future earnings and price targets. On simple P/E math, Flex trades at 63.3x compared with 32.7x for the US Electronic industry and 52.4x for peers, while its fair ratio points to 67.1x. That mix of premium versus today and headroom versus the fair ratio leaves an important question: is this valuation stretching the rubber band or not yet at full tension? See what...

Marvell Technology and Flex will join the S&P 500 before the open on June 22. Roku is among new entrants to the Midcap 400. All three stocks rose.

A month has gone by since the last earnings report for Flex (FLEX). Shares have added about 20.2% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Flex due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers. Flex Q4 Earnings Beat Estimates Flex reported fourth-quarter fiscal 2026 adjusted earnings per share (EPS) of 93 cents, which surpassed the Zacks Consensus Estimate by 8.1%. The bottom line compared favorably with 73 cents posted in the prior-year quarter. Revenues increased 17% year over year to $7.5 billion. It beat the consensus mark by 8.1%. The growth was primarily driven by strong momentum across all three segments, with Cloud and Power Infrastructure emerging as the standout performer. Management highlighted that the company’s strong finish to fiscal 2026 reflected disciplined execution and a well-defined strategy, supported by targeted acquisitions and capital investments aligned with Flex’s long-term growth opportunities. Flex has announced its intention to spin off its Cloud and Power Infrastructure segment into a newly formed, independent, publicly traded company, marking a significant step in the company's broader strategic realignment. As part of this reorganization, Flex is separating its Data Center business and realigning into three distinct segments. The first, Regulated Manufacturing Solutions, will serve Industrial, Automotive, and Healthcare markets, covering automation and energy infrastructure, compute and power electronics, and regulated medical devices, respectively. The second, Integrated Technology Solutions, will focus on Communications through high-speed networking and enterprise systems and on Lifestyle through premium products across commercial, home and personal categories. The third and newly defined segment, Cloud and Power Infrastructure, will deliver compute, liquid cooling and data center architecture solutions alongside critical rack-level and embedded power capabilities. Segment Details Regulated Manufacturing Solutions Segment: This segment encompasses Health Solutions, Automotive and Industrial businesses. Revenues grew 13% to $2.7 billion, accounting...

Flex’s first quarter results surpassed Wall Street expectations, with management attributing the outperformance to strong demand in data center and power infrastructure, as well as robust growth in both industrial and healthcare segments. CEO Revathi Advaithi highlighted the company’s “deliberate shift toward higher-growth markets and the successful execution of large-scale projects with hyperscaler customers.” The company also emphasized the positive impact of disciplined portfolio optimization and recent acquisitions on operational efficiency and margin stability. Is now the time to buy FLEX? Find out in our full research report (it’s free). Revenue: $7.48 billion vs analyst estimates of $6.94 billion (16.9% year-on-year growth, 7.8% beat) Adjusted EPS: $0.93 vs analyst estimates of $0.88 (6.1% beat) Adjusted EBITDA: $630 million vs analyst estimates of $595.5 million (8.4% margin, 5.8% beat) Operating Margin: 5%, in line with the same quarter last year Market Capitalization: $51.36 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Samik Chatterjee (JPMorgan) asked about balancing scale with customer diversification after the spin-off decision. CEO Revathi Advaithi emphasized that Flex has built a diversified product and customer base, stating the “value unlock story is absolutely very clear.” Luke Junk (Baird) inquired about growth expectations in embedded and critical power within SpinCo. Advaithi described growth across all subcomponents—embedded, distributed, and utility-grade power—supported by technology shifts like 400-volt and 800-volt DC. Sahej Singh (Stifel) questioned cloud margin recovery as ramp costs subside. CFO Kevin Krumm explained cloud margins remain below power but are expected to improve as investments mature and scale increases in FY ‘28. Mark Delaney (Goldman Sachs) asked how the spin will enable faster growth for both companies. Advaithi highlighted product portfolio expansion and geographic reach as key drivers, while Krumm noted continued margin expansion through product mix. Steve Barger (KeyBanc) pressed on the durability of Flex’s competitive moat in data center infrastructure. A...

Image source: The Motley Fool. May 6, 2026, 8:30 a.m. ET Chief Executive Officer — Revathi Advaithi Chief Financial Officer — Kevin Krumm Chief Commercial Officer — Michael Hartung Director of Investor Relations — Michelle Simmons Need a quote from a Motley Fool analyst? Email [email protected] Michelle Simmons: Good morning, and thank you for joining us today for Flex's Fourth Quarter and Fiscal Year 2026 Earnings Conference Call. With me today is our Chief Executive Officer, Revathi Advaithi; our Chief Financial Officer, Kevin Krumm; and our Chief Commercial Officer, Michael Hartung. We'll give brief remarks followed by Q&A. Slides for today's call as well as a copy of the earnings press release are available on the Investor Relations section at flex.com. This call is being recorded and will be available for replay on our corporate website. Today's call contains forward-looking statements, which are based on our current expectations and assumptions. These statements involve risks and uncertainties that could cause actual results to differ materially. These statements reflect expected results for the full fiscal year and do not give effect to the planned spin-off of the Cloud and Power Infrastructure segment. For a full discussion of these risks and uncertainties, please see the cautionary statements in our presentation, press release or in the Risk Factors section in our most recent filings with the SEC. Note, this information is subject to change, and we undertake no obligation to update these forward-looking statements. Please note, all growth metrics will be on a year-over-year basis unless stated otherwise. Additionally, all results will be on a non-GAAP basis unless we specifically state it's a GAAP results. The full non-GAAP to GAAP reconciliations can be found in the appendix slides of today's presentation as well as in the summary financials posted on the Investor Relations website. In addition to our earnings presentation, we also published a separate presentation regarding the proposed transaction will be -- which will be discussed on today's call. Please refer to the earnings presentation to follow along. Before we begin, I want to share a brief update on our Investor Day. In light of yesterday's announcement, we are postponing the event until the fall when we expect to have more information to share. We will provide more details as the year progresse...

Flex Ltd. (NASDAQ:FLEX) is one of the 10 Stocks Outperforming Wall Street With Monster Returns. Flex extended its winning streak to a sixth straight session on Wednesday, hitting a new all-time high, as investors took heart from its strong earnings performance and news that it would spin off its cloud and power infrastructure business into a new publicly-traded firm. At intra-day trading, the stock soared to its highest price of $134.99 before trimming a few cents to finish the session just up by 39.69 percent at $134.73 apiece. Photo from Flex website In an updated report on the same day, Flex Ltd. (NASDAQ:FLEX) said that it grew its net income for fiscal year 2026 by 5 percent to $880 million from $838 million in fiscal year 2025. Net sales grew by 8 percent to $27.9 billion from $25.8 billion year-on-year. In the fourth quarter alone, net profit increased by 12.6 percent to $250 million from $222 million, while net sales increased by 17 percent to $7.5 billion from $6.4 billion in the same comparable period. Looking ahead, Flex Ltd. (NASDAQ:FLEX) is targeting to grow its net sales for the first quarter of 2027 ending June by 14 percent at the midpoint to a range of $7.35 billion to $7.65 billion, while for full fiscal year 2027, net sales are projected at $32.3 billion to $33.8 billion, or an implied jump of 18 percent at the midpoint. In other news, Flex Ltd. (NASDAQ:FLEX) said that it would separate its cloud and infrastructure business into a new independent publicly-listed company, in line with plans for the two firms to focus on their core businesses. "By creating two focused, independent companies, we are giving SpinCo (spinoff company) the platform to build and scale the products and digital infrastructure that the world's most demanding AI workloads depend on, and Flex the focus to deliver advanced manufacturing solutions at a global scale for diversified industries. We believe each company will have the strategic clarity and dedicated leadership to drive exceptional outcomes for its respective customers and shareholders. I'm excited to be part of the journey for both companies,” Flex Ltd. (NASDAQ:FLEX) CEO Revathi Advaithi said. While we acknowledge the potential of FLEX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stan...

Management is spinning off the Cloud and Power Infrastructure (CPI) segment to unlock value by separating a high-growth, specialized data center business from the diversified advanced manufacturing core. The decision is driven by a shift in AI data center architecture where power and thermal management must be engineered as a unified system rather than individual subsystems. The acquisition of EP2 strengthens the power portfolio with utility-grade solutions, positioning the company to address grid modernization and the increasing power demands of hyperscalers. Flex is transitioning from a fragmented multi-vendor approach to providing integrated 'grid-to-chip' solutions, encompassing power distribution, thermal cooling, and compute integration. Post-spin, Flex will focus on higher-margin, regulated markets including healthcare, robotics, and warehouse automation, leveraging its global manufacturing scale. The company is currently 'booked out' in terms of capacity and backlog for the next couple of years, necessitating elevated capital investment through fiscal 2027. SpinCo is targeting massive revenue growth of 65% to 75% in fiscal 2027, with further acceleration to over 80% in fiscal 2028. Management expects CPI margins to recoup 100 basis points in fiscal 2027 as they grow into recent infrastructure investments, with another 50 to 100 basis points of expansion in fiscal 2028. Capital expenditures are expected to peak at $1.4 billion to $1.6 billion in fiscal 2027 to support new hyperscaler contracts before normalizing in fiscal 2028. The 'RemainCo' Flex targets low to mid-single-digit revenue growth while prioritizing high-quality earnings and cash generation through portfolio optimization. The spin-off transaction is expected to be completed in the first quarter of calendar 2027, with stand-alone financials to be provided in upcoming quarters. The company introduced a new three-segment reporting structure: Regulated Manufacturing Solutions (RMS), Integrated Technology Solutions (ITS), and Cloud and Power Infrastructure (CPI). A multiyear contract with Google was highlighted as a foundational driver for the significant step-up in CPI growth and capital deployment. Management noted persistent softness in consumer-related 'lifestyle' markets, leading to a deliberate deemphasis and exit from low-value segments. The Investor Day originally planned for the sprin...

Microchip MCHP is set to report fourth-quarter fiscal 2026 results on May 7. Microchip expects net sales of $1.26 billion (+/-$20 million) at the mid-point for the fourth quarter of fiscal 2026, which indicates 6.2% sequential growth and a 29.8% rise from the year-ago quarter's reported figure. Non-GAAP earnings are anticipated to be 48-52 cents per share. The Zacks Consensus Estimate for fourth-quarter fiscal 2026 revenues is pegged at $1.27 billion, indicating a year-over-year growth of 30.8%. The consensus mark for fiscal fourth-quarter earnings is pegged at 50 cents per share, unchanged over the past 30 days, and significantly higher than 11 cents reported in the year-ago quarter. Microchip’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, delivering an average surprise of 7.72%. Microchip Technology Incorporated price-eps-surprise | Microchip Technology Incorporated Quote Let us see how things might have shaped up for MCHP prior to the announcement: Microchip has been suffering from challenging macroeconomic conditions and high inventory levels. MCHP’s channel inventory decreased to 201 days at the end of the third quarter of fiscal 2026, while underutilization stood at $51.7 million. The company is expected to have benefited from a near-normal level of inventory at distributors. Increasing supply constraints across substrates, subcontracting, and foundry nodes are expected to have benefited MCHP’s to-be-reported quarter’s results. Microchip is expected to have benefited from a mix shift toward higher-margin products with strong momentum across networking & connectivity (Ethernet, PCIe), data center products, FPGA and memory, as well as strong aerospace & defense demand. This is expected to have boosted revenues in the to-be-reported quarter. The company entered the fiscal fourth quarter with a much higher backlog, which is expected to have benefited growth. MCHP expects roughly 6.2% sequential growth, better than the typical seasonality of roughly 2-3%. Gross margin is expected to be at 61% at mid-point (guidance between 60.5% and 61.5% of sales), driven by strong top-line growth. Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the exact case here. Microchip has an Earnings ESP of 0.00% and a Zacks...

Reported Q4 net sales of $7.5 billion, and full-year net sales of $27.9 billion, up 17% and 8%, respectively, versus the prior year. Delivered Q4 GAAP operating margin of 5.0%, and adjusted operating margin of 6.7%, our sixth consecutive quarter with an adjusted operating margin of 6% or greater. Delivered full-year GAAP operating margin of 4.9%, and adjusted operating margin of 6.3%, another record for Flex. Reported Q4 GAAP EPS of $0.67, and adjusted EPS of $0.93. Reported full-year GAAP EPS of $2.33, and adjusted EPS of $3.30. AUSTIN, Texas, May 5, 2026 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its fourth quarter and fiscal year ended March 31, 2026. "Our strong finish to FY 2026 reflects disciplined execution and a clear strategy, supported by targeted acquisitions and capital investments aligned to Flex's long-term growth opportunities," said Revathi Advaithi, CEO of Flex. Fourth Quarter Fiscal Year 2026 GAAP Summary: Net Sales: $7.5 billion GAAP Operating Income: $372 million GAAP Net Income: $250 million GAAP Earnings Per Share: $0.67 Cash provided by Operating Activities: $413 million Fourth Quarter Fiscal Year 2026 Non-GAAP Summary: Adjusted Operating Income: $500 million Adjusted Net Income: $348 million Adjusted Earnings Per Share: $0.93 Free Cash Flow: $212 million Fiscal Year 2026 GAAP Summary: Net Sales: $27.9 billion GAAP Operating Income: $1,368 million GAAP Net Income: $880 million GAAP Earnings Per Share: $2.33 Cash provided by Operating Activities: $1,685 million Fiscal Year 2026 Non-GAAP Summary: Adjusted Operating Income: $1,764 million Adjusted Net Income: $1,248 million Adjusted Earnings Per Share: $3.30 Free Cash Flow: $1,060 million An explanation and reconciliation of GAAP financial measures to non-GAAP financial measures is presented in Schedules II and V attached to this press release. First Quarter Fiscal Year 2027 Guidance: Net Sales: $7.35 billion to $7.65 billion, growth of 14% at the midpoint Adjusted Operating Income: $469 million to $499 million* Adjusted EPS: $0.86 to $0.92*, growth of 24% at the midpoint Interest & Other: approximately $65 million Adjusted income tax rate: 21%* Weighted average shares outstanding: approximately 374 million Fiscal Year 2027 Guidance†: Net Sales: $32.3 billion to $33.8 billion, growth of 18% at the midpoint Adjusted Operating Margin: 7.0% to 7.1%* Adjusted EPS: $4.21 t...